If inflation is caused by too much money chasing too few goods then deflation is caused by too little money chasing too many goods, as in guns. Then there is stagflation.
I think you need to find a new financial advisor. I self-manage my IRAs, invest very conservatively, and mine are up by more than 30% over where they were at the end of 2022. They went down in 2022, but are up 17% from where they were at the end of 2021.My 401k, despite being very conservatively invested, has lost 20% in the past three years. I told my financial advisor only half-jokingly that I should cash it out and reinvest it in guns, which have appreciated across the board about the same amount.
This is a real factor for me, a couple of locals have no buyer premiums and shows in the bidding action, no fee, more for me. Looked an auction the other day, had a 28% vig. No thanks...Higher auction commissions like 25% are pushing the limit of peoples tolerance. My auction was 10% with transfer fees included.
I can wait or miss peak price deals but stay capable of grabbing real bargains.